Tag: Commercial Projects

A commercial project will be developed by Godrej Properties; in collaboration with Jet Airways, in the Bandra Kurla Complex area. Godrej Properties will join hands with Jet Airways to develop a commercial project in Mumbai in the Bandra Kurla Complex area. Godrej Properties Ltd. (GPL) is the real estate branch of Godrej Group.

Real estate India expects to overcome the present sluggishness by 2013. The year 2012 has really been a sluggish year for the real estate builders. Real estate India expects to be boosted by the new retail FDI policy. There will be an increased demand for retail spaces and it prompts real estate builders to come […]

After the locations called Raj Nagar Extension, Mayur Vihar Extension, now its Noida’s turn to stretch itself and the name given to this stretch is Noida Extension. There are large numbers of upcoming projects here located adjacent to Noida’s Sector 121. These face the Noida-Greater Noida Link Road. It is expected that within next three […]

Due to the continuous oversupply of the commercial projects, the signs of pickup in demand in the sector seems becoming dull and thus banks are also backing out from lending to real estate firms. As compared to the residential sector, the demand growth of the commercial sector in past few months is much behind that […]

Some of India’s largest real estate firms such as DLF, Unitech, Omaxe and Parsvnath that launched multiple projects at the peak of the real estate boom are now under pressure from buyers and investors who look to exit these projects. Already in a difficulty due to unavailability of bank loans and a fall in sales, […]

Real estate entrepreneur Vijay Raheja has lined up a raft of projects in Mumbai and Bangalore for the next six months to a year—braving a slump in the property market after splitting the family business with his brother in July—and started with a development targeted at the rich. His company, V Raheja Design Construction launched […]

Parsvnath Developers Limited (PDL), India’s leading Real Estate Company with pan India presence having diversified portfolio has announced the launch of Parsvnath Premier a Group Housing project in Parsvnath City, Indore. The Group Housing project spread over an area of 6.3 acres is strategically located in Indore adjoining NH-3 and AB Bye Pass, Mangliya. The […]

Housing Development and Infrastructure Ltd (HDIL), India’s third largest developer by market value, plans to raise Rs1,000 crore within a year to buy land and relocate 80,000 slum families for the Mumbai airport modernization project. The project will entail the country’s single largest rehabilitation exercise, even bigger than the Dharavi project, which will relocate 55,000 […]

Investors who want to take advantage of growth in the domestic real estate sector can draw strength from DLF’s impeccable delivery record and scale of operations. A prominent player in the National Capital Region (NCR), DLF is the largest listed realty company in India. Besides being present in homes, offices and shopping mall segments, it […]

Sobha Developers, a Bangalore-based realty major focussed on residential space, is looking at diversifying its portfolio through slum redevelopment schemes and special economic zones (SEZs), retail and commercial projects. Mr. Raghav Menon, Executive director, said that the company would build an SEZ in either Tamil Nadu or Kerala. He said, “We haven’t decided on the […]

Godrej Properties Ltd, Real estate arm of the Godrej Group, declared that it has filed the Draft Red Herring Prospectus (DHRP) with SEBI for an IPO of approx seven million shares. According to a company statement, the firm proposes an IPO of 9,429,750 equity shares of ten rupees each through 100% book building process to […]

Rreef has entered into the Indian real-estate sector with initial investment of $70 million. Rreef is known as global alternative investment manager business of Deutsche Bank. Rreef would be taking an undisclosed stake in Bangalore and Hyderabad based Golden Gate Properties Ltd. Rreef has no specially India dedicated fund, it has invested from its global […]

21 January 2008: NITCO Group has decided to hive off its realty business into a separate company. Till now, NITCO is into tiles and real estate and distribution both. At present NITCO real estate arm is at 500 crore. NITCO will list NITCO Realties when its real estate arm achieves sales of Rs 1,000-1200 crore.